Creating an Intellectual Property (IP) Portfolio: Lessons from Mayo and Myriad cases

The Mayo and Myriad rulings emphasize that just isolating a natural substance or applying a law of nature to a process is not enough to secure patent protection. These decisions have significantly affected how companies approach the creation of an IP portfolio, particularly in the life sciences and biotechnology sectors. With this context in mind, building an effective IP strategy today requires careful consideration of patent eligibility and an understanding of the legal landscape shaped by these key rulings....

28 November

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The Role of Design Patents in the Fashion Industry: Protecting Aesthetic Innovation

Posted by Ernest Goodman

in Patent Law

The use of design patents in the fashion industry is an effective strategy for protecting the aesthetic elements of fashion items. These patents not only help in combating counterfeits but also play a significant role in maintaining a brand's exclusive identity and market control. As the fashion industry continues to innovate, design patents will remain a key tool for designers and brands to safeguard their creative investments and reinforce their unique presence in the competitive fashion market....

29 May

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Tips for IP Portfolio Management

Posted by Ernest Goodman

in Copyright Law, Legal Advice, Patent Law, Trademark Law

An IP portfolio refers to the collection of intellectual property owned by an individual or a company, including patents, trademarks, copyrights, and trade secrets. It serves as a strategic asset for the business, providing protection for the company's products, processes, and ideas. An IP portfolio can be used to deter potential competitors from infringing on the company's intellectual property rights and can also be leveraged to generate revenue through licensing agreements or other commercial transactions....

18 June

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Types of Patents

Posted by Ernest Goodman

in Patent Law

A patent is a legal right granted by a government to inventors for their unique inventions, which allows them to protect their intellectual property for a specific period, typically 20 years. This exclusive right prevents others from making, using, selling, or importing the patented invention without the inventor's permission. Patents encourage innovation by providing inventors with the opportunity to benefit from their inventions financially and maintain control over their use and commercialization. Inventions eligible for patents usually include new and useful processes, machines, articles of manufacture, compositions of matter, or any improvements thereof....